InTheCloset 17,863 Posted March 5, 2024 Share Posted March 5, 2024 (edited) Rihanna is an extremely smart business woman. She received backlash from fans and was even dubbed as a 'wedding ceremony performer' by many South Asian fans. But there is a bigger picture. Mukesh Ambani's Reliance Industries is now about to dive into the beauty market. Its reported that the beauty arm of reliance industries which is called Reliance Retail bought rights for Sephora India from Arvind Fashions for about $12 million. This would open Rihanna up to new and very profitable venture. Queen EDIT So upon further reading i found out that there already is Sephora in India. Its rights were owned by Arvind Fashions but Reliance Retail bought its rights for $11.89 million. Under Ambani's company there is expected to be a more wider marketing and sales strategy. Arvind Fashions sold the rights to Sephora to focus on their core apparel which was seeing a decline, according to reports https://www.business-standard.com/companies/news/reliance-beauty-buys-sephora-india-rights-from-arvind-fashions-for-rs-99-cr-123110300958_1.html https://www.businesstoday.in/latest/corporate/story/arvind-fashions-sells-sephora-india-business-to-reliance-retail-for-rs-99-cr-404504-2023-11-03 Edited March 5, 2024 by InTheCloset Where's the spunk, Adam? 2 1 Quote Link to post Share on other sites More sharing options...
ActualPatient 1,288 Posted March 5, 2024 Share Posted March 5, 2024 Oooh so ghirlie is getting more than just the talent fee. She's also rolling out an empire. That makes more sense!! Quote Link to post Share on other sites More sharing options...
Westerosi 1,926 Posted March 5, 2024 Share Posted March 5, 2024 $6 million to perform at the wedding and an international deal to boot. When I heard this my respect for her increased 300%. I don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve. 1 Quote Link to post Share on other sites More sharing options...
RAMROD 106,093 Posted March 5, 2024 Share Posted March 5, 2024 3 minutes ago, Westerosi said: $6 million to perform at the wedding and an international deal to boot. When I heard this my respect for her increased 300%. It's $9 millions actually (ﾉ◕ヮ◕)ﾉ✧*:･ﾟ 𝐹𝑒𝑒𝓁 𝓉𝒽𝑒 𝒷𝑒𝒶𝓉 𝓊𝓃𝒹𝑒𝓇 𝓎𝑜𝓊𝓇 𝒻𝑒𝑒𝓉, 𝓉𝒽𝑒 𝒻𝓁𝑜𝑜𝓇'𝓈 𝑜𝓃 𝐹𝐼𝑅𝐸!! (*´艸｀*) ♡♡♡ Quote Link to post Share on other sites More sharing options...
DoremonLove 8,146 Posted March 5, 2024 Share Posted March 5, 2024 24 minutes ago, InTheCloset said: Rihanna is an extremely smart business woman. She received backlash from fans and was even dubbed as a 'wedding ceremony performer' by many South Asian fans. But there is a bigger picture. Currently there is no Sephora in India. Mukesh Ambani's Reliance Industries is now about to dive into the beauty market. Its reported that the beauty arm of reliance industries which is called Reliance Retail is about to buy rights for Sephora India from Arvind Fashions for about $12 million. This would open Rihanna up to new and very profitable venture. Queen We have sephora in India already. How can anoyone not love gaga Quote Link to post Share on other sites More sharing options...
PunkTheFunk 123,938 Posted March 5, 2024 Share Posted March 5, 2024 55 minutes ago, InTheCloset said: Currently there is no Sephora in India. 31 minutes ago, DoremonLove said: We have sephora in India already. 15 Quote Link to post Share on other sites More sharing options...
InTheCloset 17,863 Posted March 5, 2024 Author Share Posted March 5, 2024 33 minutes ago, DoremonLove said: We have sephora in India already. I just fixed it. Where's the spunk, Adam? 1 Quote Link to post Share on other sites More sharing options...
Killa 16,404 Posted March 5, 2024 Share Posted March 5, 2024 Yeah last concert confirmed Quote Link to post Share on other sites More sharing options...
PMM 3,260 Posted March 5, 2024 Share Posted March 5, 2024 her name is business and she is a WOMAN! I Am a Joke Quote Link to post Share on other sites More sharing options...
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